MKM Partners downgraded RIM to "sell" from a "neutral" rating and cut its price target to $10 (U.S.) from $12. MKM analysts said they see a higher probability that the BlackBerry 10 devices will fail, based on stalling sales momentum in the U.K. and further testing of the new devices. MKM was especially critical of the applications that are available to users, commenting that the new operating system has less than 10 per cent of the most popular Android applications and fewer than 5 per cent of the most popular iPhone applications. They don't believe the device is different enough from the products of rivals to save the BlackBerry brand. RIM shares are down about 1 per cent.
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scotiabank reevaluated BB's patant portfolio and more than doubled it's value. that story gets no play. what gets play is this garbage.

Well, considering we got downgraded this morning, we're doing pretty well so far.

As for the Scotiabank re-evaluation of the patents. Patents are a very grey area so saying it's worth more than it's actually values is like saying you've got some really old antique valued at 2x than it was previously thought. Well, it's worthless if no one buys it, and until it sells, no one has a good idea of what it's worth. It's "mushy news"

patent portfolio being valued at over $2.5 billion when it was previously valued at $1 billion might be 'mushy' news, but not any more 'mushy' then some guy downgrading BB target price from bad to slightly worse. ( in other news, the bear is still a bear ).
why circulate one story without mentioning the other? let investors see both sides and decide for themselves.

What's with Telus (non-corporate independant stores)? Took over two weeks to get phones in my local store and they won't sell outright. Only way to get one is on a 3 year plan ($50/month plan minimum) for $149.

You can buy elsewhere if you have an existing account is my understanding. Oh well.

patent portfolio being valued at over $2.5 billion when it was previously valued at $1 billion might be 'mushy' news, but not any more 'mushy' then some guy downgrading BB target price from bad to slightly worse. ( in other news, the bear is still a bear ).
why circulate one story without mentioning the other? let investors see both sides and decide for themselves.

What's with Telus (non-corporate independant stores)? Took over two weeks to get phones in my local store and they won't sell outright. Only way to get one is on a 3 year plan ($50/month plan minimum) for $149.

You can buy elsewhere if you have an existing account is my understanding. Oh well.

Telus doesn't have enough supply. All the stores I called only had like 5-7 on launch day. With new shipments of 5-7 coming in every few days. Their shipments are crap relative to Bell and Rogers

Could be a tough day. Hopefully a reversal in store for this afternoon. Historically, BBRY spends remarkably little time between 12 and 14. I hope 14 remains support and doesn't flip to resistance over the next few days. My concern is growing, no good news on the horizon, not a lot of buyers, and a large % of shorts just waiting to pounce. Be careful out there....